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UK sets £40bn target for education exports by

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Cashew industry generates over $400m from export –

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Tinubu approves commercial oil exploration at Tongeji Island,

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FG okays Air Peace, Max Air, FlyNas for 2024 Hajj
Aviation

FG okays Air Peace, Max Air, FlyNas for 2024 Hajj

The federal government of Nigeria has designated three airlines as sole carriers of Muslim pilgrims to Saudi Arabia for the Hajj pilgrimage, in an effort to help this year’s Hajj activities run smoothly. According to Arise News, Air Peace Limited, FlyNas, and Max Air are among the carriers affected. A statement issued at the weekend by […]

Premium smartphone market to expand by 6% - Report
Business

Premium smartphone market to expand by 6% – Report

Sales of premium smartphones (with a wholesale price of at least $600) are expected to reach a record high of 6% in 2023, according to Counterpoint Research’s Market Pulse Service. According to The PUNCH, the company, this would be in contrast to the fall predicted for the global smartphone industry last year. The report stated […]

Dry season farming to create 10m jobs - FG
Agribusiness

FG to combat growing food prices with rice production

The Minister of Agriculture and Food Security, Abubakar Kyari, announced on Friday that the Federal Government had begun mass production of food crops in order to reduce food prices across the country. According to The PUNCH, he stated that the government’s goal was to lower food inflation, citing it as the primary cause of Nigeria’s […]

Business opportunities in Nigerian waste collection industry
Business

Business opportunities in Nigerian waste collection industry

In Nigeria, the waste collection industry is critical to addressing growing environmental concerns and supporting sustainable waste management methods. Waste, sometimes known as “garbage” is the term used to describe abandoned materials, substances, or by-products that are no longer valuable or intended for further use. With increased urbanization and industrialization, the volume of trash generated has increased dramatically, […]

Only 29% of Nigerians have access to mobile internet - Report
News Tech

How to stop your iPhone from listening to you

Amid controversies surrounding the iPhone’s ability to eavesdrop on conversations of its owners, a report has revealed how users can prevent the Apple-owned smartphone from listening to them. According to a recent 404 Media report, marketing firms can truly listen to phones in order to show you advertisements. According to 404 Media, the companies “has […]

10 profitable business ideas for introverts
Business

10 profitable business ideas for introverts

There has been a considerable global change in recent years towards encouraging varied work patterns and entrepreneurial pursuits. This trend is not just pertinent in Nigeria but Africa as a whole. Contrary to popular belief, introverts do not all have reserved or quiet personalities. Many have unique abilities, skills, and a strong entrepreneurial spirit. The increased predominance […]

Kaduna customs hits N16.3bn revenue in 2023
News

Kaduna customs hits N16.3bn revenue in 2023

The Nigeria Customs Service, Kaduna Command, increased revenue generation by 21.93% in 2023, earning a whopping N16.3 billion. This was revealed in a statement issued on Saturday by the command’s Public Relations Officer, Muhammad Aminu. He noted that the service generated N16.3 billion in revenue, a significant rise from the N13.4 billion recorded in 2022, […]

NGX to draw in more investors - CEO
Business

Nigerian stocks rise 6.54% in first week of 2024

The Nigerian Exchange Limited ended the first week of 2024 on a high note, backed by continued investor faith in listed companies. The Times reported that this momentum has implanted hope for a possibly positive market in 2024, propelling the All-Share index to a 6.54% gain to close at 79,664.66 points. Similarly, all other indexes […]

Google releases AI multisearch feature
News Tech

Google shares hack to prevent breach

In response to news of a password change-resistant attack being used by information-stealing hackers, Google has advised users of Gmail to switch the app off and on again. CloudSEK researcher Pavan Karthick M described how Google accounts may be compromised by taking advantage of an undocumented authentication endpoint that is used for cross-services synchronization in […]

Over 200,000 Kebbi residents to receive N75,000 from FG
News

Over 200,000 Kebbi residents to receive N75,000 from FG

The Kebbi State Government has said that the Renewed Hope Cash Transfer project will pay N75,000 to 211,699 people throughout the state’s 21 local government areas (N25,000 per circle for three payment circles). The Kebbi State Commissioner for Humanitarian Affairs, Alhaji Muhammad Hamidu-Jarkuka, made the announcement on Friday at a one-day refresher training for local government […]

Only four Nigeria states attract foreign investment in Q4 - Report
News

Foreign investment in manufacturing sector falls by 54% – NBS

The latest Capital Importation data from the National Bureau of Statistics shows that foreign investments in Nigeria’s manufacturing sector decreased by $326 million (54%) to $279.5 million in the third quarter of 2023 from $605 million in the second quarter. According to The PUNCH, the report’s further research, despite the large decline, the production sector […]

NGX to draw in more investors - CEO
Business

NGX, PenCom collaborate to boost pension funds in equity market

The Nigerian Exchange Limited has announced that its collaboration with the National Pension Commission will increase the involvement of Pension Fund Administrators in the equity market via the NGX Pension Broad Index. The Acting CEO of Nigerian Exchange Limited, Mr. Jude Chiemeka, noted in a news release that the NGX Pension Broad Index has performed well since its […]

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